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Network externalities, competition, and compatibility
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This article is published in The American Economic Review.The article was published on 1985-01-01 and is currently open access. It has received 6100 citations till now. The article focuses on the topics: Network economics.read more
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Dynamic Price Competition with Network Effects
TL;DR: In this article, the authors consider a dynamic model of competition between two proprietary networks, where consumers die and are replaced with a constant hazard rate, and firms compete for new consumers to join their network by offering network entry prices.
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Was There Too Little Entry During the Dot Com Era
TL;DR: In this paper, the authors present four stylized facts about the dot com era: there was a widespread belief in a Get Big Fast business strategy; the increase and decrease in public and private equity investment was most prominent in the internet and information technology sectors; the survival rate of dot com firms is on par or higher than other emerging industries; and firm survival is independent of private equity funding.
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A selective review of the economics of standardization. Entry deterrence, technological progress and international competition
TL;DR: In this article, the authors provide a selective overview of the literature on standardization and discuss the consequences of compatibility on entry deterrence and technological progress, as well as the implications of compatibility for trade policy in the presence of network externalities.
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Adoption of electronic data interchange: the role of buyer-supplier relationships
TL;DR: The higher the frequency of transactions and the higher the percent sales to a customer, the more likely a supplier was to adopt EDI, and "buyer's push" seemed to be the most significant reason for suppliers' EDI adoption.
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Examining information sharing in social networking communities
TL;DR: Investigating social networking communities users' social capital elements and information sharing behaviors indicated that social capital element factors significantly affect the attachment, and identity-based attachment showed much stronger impact on information sharing.
References
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Monopoly, quality, and regulation
TL;DR: In this paper, the authors argue that under regimes of monopoly and monopolistic competition, product characteristics (which are often endogenous variables) are not usually optimally set under the pressure of market forces, and that regulation is also beset with difficulties when price and quality are decision variables.
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Critical Mass and Tariff Structure in Electronic Communications Markets
Shmuel S. Oren,Stephen A. Smith +1 more
TL;DR: In this article, the authors developed an economic model that determines both the required critical mass size for startup and the ultimate expansion level of such a system and evaluated the effects of different pricing structures for the service under the assumption that users maximize benefits minus cost and a monopoly supplier maximizes profit.
Posted Content
Tax Analysis in an Oligopoly Model
Michael L. Katz,Harvey S. Rosen +1 more
TL;DR: In this article, the authors use the conjectural variations model of oligopoly to analyze the way in which the incidence of a tax depends upon the pattern of firm interaction and show that the errors that arise in excess burden calculations when incorrect assumptions on market structure are made.
Journal ArticleDOI
Tax Analysis in an Oligopoly Model
Michael L. Katz,Harvey S. Rosen +1 more
TL;DR: In this paper, the authors use the conjectural variations model of oligopoly to analyze the way in which the incidence of a tax depends on the pattern of firm interaction and show that the errors that can arise in excess burden calculations when incorrect assumptions on market structure are made.